Cyber Attack Targets Financial Sector in Iran, Linked to Predatory Sparrow Group Recent cyber incidents have highlighted escalating tensions between Iran and the Israeli-linked hacking group known as Predatory Sparrow. In a recent blog post, the blockchain analysis firm Elliptic confirmed associations between the Iranian cryptocurrency exchange Nobitex and several…
Picture this: you connect with someone new online, perhaps through a dating app or social media. The conversation flows naturally, and the authenticity of the individual prompts you to shift communication to platforms like Telegram or WhatsApp. Things progress quickly; you exchange photos and even video chat. Just as your…
$31 Million Bitcoin Donation Sparks Inquiry Over Possible Criminal Origins Last weekend, Ross Ulbricht, the founder of the notorious Silk Road marketplace, received a staggering $31 million in Bitcoin from an undisclosed source. While many viewed this as a generous welcome-home gesture following his recent pardon, speculation has arisen regarding…
In recent developments surrounding North Korean digital fraud, researchers have unveiled a list of 1,000 email addresses allegedly associated with scams run by North Korean IT workers targeting Western companies. Accompanying this disclosure are images of individuals purportedly involved in these illegal activities. Concurrently, the marketplace Xinbi Guarantee, a platform…
Fraud Management & Cybercrime, Ransomware ‘Lite Panel’ Provides Easy Entry for Ransomware Operators at $777, Reports Researcher Mathew J. Schwartz (euroinfosec) • May 16, 2025 Ransomware groups are continually evolving their strategies to extort organizations, both large and small. The introduction of a more accessible “lite” version of LockBit’s ransomware-as-a-service…
Cyberwarfare / Nation-State Attacks, Fraud Management & Cybercrime New Report Unveils North Korean Operatives in Leading Blockchain and Web3 Initiatives Chris Riotta (@chrisriotta) • May 14, 2025 A detail from the Monument to Party Founding in Pyongyang, North Korea. (Image: Anton Ivanov/Shutterstock) A recent investigation by a cybersecurity firm highlights…
Recent Surge in Crypto-Related Kidnappings in France Raises Security Concerns French law enforcement has faced a dramatic increase in cryptocurrency-related kidnappings, with incidents involving severe violence and ransom demands. Unlike typical financial scams, these cases have included alarming elements such as abductions, mutilation threats, and the rescue of victims from…
Blockchain & Cryptocurrency, Cryptocurrency Fraud, Fraud Management & Cybercrime In Focus: Mango Markets Hacker Sentenced in CSAM Case Rashmi Ramesh (rashmiramesh_) • May 8, 2025 Image: Shutterstock This week, ISMG reports on notable cybersecurity events in the digital asset space. Highlights include revelations about Trump’s cryptocurrency ventures, the sentencing of…
Recently, Marks & Spencer (M&S), the prominent UK retailer, fell victim to a significant cyber assault that has left its operations severely compromised. The attack is believed to be orchestrated by the organized crime syndicate known as DragonForce, which utilized a highly advanced ransomware variant that severely disrupted M&S’s IT…
